Colliers International's three-month report (April to June 2017) for the hotels in the Middle East and North Africa (MENA) forecasts that occupancy rates are expected to be high in Beirut and Aqaba.
Beirut is set to see an increase in revenue per available room (RevPAR), average daily rate (ADR) and occupancy rates. While Jordan's Red Sea resorts will benefit from European travellers during the summer.
The report also adds that the United Arab Emirates and Egyptian cities have experienced an increase in the number of positive reviews from Russian travellers.
Sharjah will also benefit from the upcoming Eid holidays.
“The upcoming Eid holidays and school vacations in the Gulf countries, followed by strong growth in the Chinese market, will keep the RevPAR in line with the rates of last year without declines,” the report said.
Advertisement
Search our database of more than 2,700 industry companies
